Upstate Theater Coalition for a Fairgame Inc

Nonprofit profile at a glance

EIN
475139609
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Schenectady, NY, USA
Phone
5183823884
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$1,102,000
Expenses
$1,284,165
Assets
$1,266,884
Liabilities
$24,036

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JOHN PARKHURST (PRESIDENT)
  • DOUG LEVINE (VICE PRESIDENT)
  • CHRIS SILVA (VICE PRESIDENT)

People named in this filing

  • JOHN PARKHURST (PRESIDENT)
  • DOUG LEVINE (VICE PRESIDENT)
  • CHRIS SILVA (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Upstate theater coalition for a fairgame inc.'s purpose is to receive legislatively mandated casino generated contributions and pay net proceeds of such contributions over to organizations that are described in section 170(c) of the internal revenue code and exempt from taxation.

What it reported doing in 2024

Upstate theater coalition for a fairgame inc. ("fairgame") is a consortium of 12 venues working together to ensure that upstate New York casinos do not have an unfair advantage with booking entertainment. Fairgame worked with the New York governor's office and the New York state gaming commission to urge the requirement of specific agreements for casinos in three upstate New York regions: the southern tier, the catskills, and the capital region. Fairgame has agreements in place with the four casinos in these upstate New York regions that include requirements such as financial support of existing venues, capacity limits on venue seating, and talent-booking exclusivity. Fairgame receives legislatively mandated casino generated contributions from these four casinos and pays net proceeds of the contributions over to the 12 venues making up the fairgame consortium. These 12 venues are: proctors, saratoga performing arts center, saratoga springs city center, palace theatre, times union center, bethel woods center for the arts, troy savings bank music hall, bardavon1869 opera house, rochester broadway theatre league, state theatre of ithaca, clemens center, and the forum theatre.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Accountability: 82
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.6%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 85.6%; rating input score 86; 36th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -16.5%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.99; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 11% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: 12.9% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.6% of spending went to programs
  • Governance: 11 of 11 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.2M in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 17 of 18 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 12 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Operating margin scored 11/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.